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Article: Palm Beach Capital Announces Acquisition of SUNZ Group, LLC.
- Article from:
- Business Wire
- Article date:
- June 27, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WEST PALM BEACH, Fla. -- Palm Beach Capital, through one of its investment entities, today announced that it has acquired SUNZ Group, LLC ("SUNZ"). Terms of the transaction were not disclosed. This transaction is the tenth equity investment by Palm Beach Capital from Palm Beach Capital Fund II and its twenty-seventh overall since inception.
SUNZ, based in St. Petersburg, Florida and founded in 2005, is a workers' compensation solutions provider primarily for Professional Employer Organizations and Staffing Companies.
Doug Lilak, SUNZ Chief Executive Officer, stated, "We are very excited about Palm Beach Capital's acquisition, and are looking forward to ...